Real Estate & Construction

AGA has profound expertise in the real estate and construction market representing a wide range of developers, local and international investors and high net worth individual clients. The firm’s practice includes the full range of real estate and construction issues, such as due diligence, tax related concerns and drafting of relevant contracts. Further, AGA renders legal opinions to clients, based mainly abroad, on all major real estate related issues.

WORK HIGHLIGHTS

Partners Anastasia Mageirou and George Georgiades have won litigation regarding ownership of the Agios Kosmas cape located in the Athenian Coastal Front right in front of the former Hellinikon airport

Supporting real estate company in creation of cultural theme park

AGA regularly handles the acquisition of multiple properties -approximately twenty properties so far – on behalf of a real estate company aiming to create a cultural theme park in the area of Athens, Greece.

New photovoltaic power plant, Pylos, Greece

AGA advised the owner of a plot of land in Pylos Greece, for the drafting, execution and implementation of the contract for the design, engineering, procurement of equipment, construction and commissioning of a 11.963MWp Photovoltaic Power Plant (contract price € 16m).

Advice to the HELLENIC REPUBLIC ASSET DEVELOPMENT FUND

AGA partner George Georgiades advised on the appraisal of property in the possession of the HELLENIC REPUBLIC ASSET DEVELOPMENT FUND to be sold and leased back following international public tender, as well as the non-application of the law for commercial leases in cases of mixed contracts i.e., agreements including lease and project construction contracts.

Legal advice on the highly-publicized Lake Vistonida dispute

AGA Name Partner Apostolos Georgiades provided legal advice on the much disputed ownership of the Lake Vistonida (following a dispute between the Vatopedi Monastery and the Greek State) regarding the ownership of plots of land around the lake for which the Monastery claimed ownership by presenting imperial golden seals dating from 1080AD.

Legal advice on transfer of PANATHINAIKOS stadium

AGA advised DIPLI ANAPLASI S.A., a 100% subsidiary of the MUNICIPALITY OF ATHENS, on a series of issues relating to the erection of the PANATHINAIKOS stadium in the area of Votanikos and the conversion of the old stadium into a recreational park.